Housing Inventory on the rise

After years of falling inventory and really tight markets, things are beginning to change. Redfin reports that listing grew 6.4 % between march and april and 4.2% between april and may. Last year it fell all year. They say that if things keep up like this we should be normal by the end of the year.

More people are listing because they are no longer under water. More inventory encourages more inventory.People who were on the fence are now listing because they see their neighbors making money.